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WEDCO’s Impact in Wayne County

03.13.2019


Wayne County, PA - WEDCO is having a positive impact on Wayne County. For example, in 2018 every $1 invested in WEDCO leveraged $74 in grant and private investment for local economic development.  WEDCO managed seven grants totaling over $1.8 million that were used for mant of the activities described below. Progress includes:

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The Stourbridge Project

  • A robust Economic Development Plan for Agriculture, completed in partnership with the County Commissioners and the Wayne Tomorrow! Agriculture Workgroup.
  • A new Protoyping Lab within the Stourbridge Project - over 350 individuals and businesses were assisted through training and use of the lab thanks to Stourbridge staff and our Workforce Alliance partners; Stourbridge was named "Project of the Year" by the PA Economic Development Association!

 

Sterling Business & Technology Park

  • Site work is near completion for a 40,000 SF building pad at the Stering Business & Technology Park. A PennDOT grant will be used to pave the remainder of an interior road at the business park, which enables us to pursue final subdivision approval for three lots additional totaling 49 acres.

 

Business Support

  • A grant from the Commonwealth will help make natural gas available to residents and businesses in Waymart Borough and Canaan Township.
  • Local broadband mapping is complete and the expansion of services in southern Wayne County us moving forward.
  • Four grants were awarded from the Wayne Couny Economic Growth Fund, a new local grant fund developed in partnership with the Waytne County Commissioners. Contact WEDCO if you are planning a business development project.
  • Grant applications were submitted for a dairy processing plant feasibility study, new local reviving loan fund to assist business development, the further development at the business park.

Sterling Business & Technology Park
Developing fully-permitted industrial sites to attract higher-wage jobs.
 

 

Continued progess: Lot 1 building occupied; Lot 3 site prep for 40,000 SF building underway; pursuing final approval for Phase 2 which totals 49 acres; NPDES and PA DEP five-year permits for stormwater, wastewater treatment and water system approved.

 

Two tax incentive programs - Keystone Opportunity Zone and Keystone Innovation Zone - in place to attract private investment and create jobs.

 

Visit sterlingbusinesspark.com for more information.



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